By IFCMarkets
Falling German wholesale prices bearish for EURUSD
German wholesale prices accelerated decline in August when an increase was forecast. Will the EURUSD continue falling?
On 1-hour timeframe EURUSD: H1 is in downtrend. The price is declining toward the 200-period moving average MA(200).
| Order | Sell |
| Sell stop | Below 1.1044 |
| Stop loss | Above 1.1064 |
Market Analysis provided by IFCMarkets